Home » Vero Beach » Private Address | R10972801/RX-10972801

Multi Family Sold Private Address R10972801/RX-10972801 in Vero Beach

$697,888
closed for a price of $380,000

Property Highlights

Listing ID R10972801/RX-10972801 Status of this Listing: Closed Sold Property Type Commercial Sale Multi Family Year Built 1971 Time of this property from published date until Closing Date 165 Days
  • 1865 40th Avenue 1-5 Vero Beach MLS R10972801 Listing Photo #1

About this Multi Family with Listing ID R10972801

Property Description: Investment property, 5 units in total. 4-2/1 and 1 1/1. always occupied current monthly rental income 6525.00. Units are somewhat updated.

Useful Info

Contingency:No Contingencies
Original List Price:$697,888
Close Price:$380,000

Lease Details

Lease Terms Description:Annual Lease,Month To Month Lease

Business Info

Gross Scheduled Income:78300

Land Lot (Parcel) Details

Lot Size Acres:0.5

Construction

Number of Units Total:5
Levels:One
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Stories:1

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
Roof:
  • Shingle
  • Composition
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Wall Furnace

Taxes and Expenses

Tax Annual Amount:$3,805

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Documents Available:
  • Title
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Exchange1031
Buyer Financing:
  • Cash
Lease Term:
  • Twelvemonths
Tenant Pays:
  • Exterior Electric
  • Water
  • Sewer
Lease Considered:No

Community

Subdivision Name:Sunnyside Pk
Complex Name:Sunnyside Pk
Senior Community:No

Parking

Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
  • Sewer Available
  • Water Available
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberRX-10972801

Zoning and Legal

Tax Legal Description:SUNNYSIDE PARK SUB BLK 7 LOT 4 PBI 1-7
Real Estate Folio Number (Parcel Number):33390300026007000004.0
Zoning Description:RCLO/RCL

Listing History

Update/EventDate/Days
Published Date:March 28, 2024 1:16 pm
On Market Date:March 28, 2024
Listing Contract Date:March 28, 2024
Contingent Date:July 1, 2024
Close Date:September 9, 2024
Last Important Update Description:Closed
Date and Time of Last Important Update:September 12, 2024 1:10 pm
Status Last Changed:September 12, 2024 12:00 am
Photos Last Modified:March 28, 2024 6:54 pm
Last Modified:September 12, 2024 6:32 pm
Days on the Market Reference Date:September 12, 2024
Days on the Market (updated on Last Modified*):16
Cumulative Days on the Market (updated on Last Modified**):16

Additional Information

Lot Size Range:,
Number of Photos:1
Location:,
Included:Building & Land,,
Area:5940
Courtesy of:Nugget Realty
Universal Property Id:US-12061-N-333903000260070000040-R-N

Neighborhood

Postal City:Vero Beach